Uncommonly Focused

Corporate Benefits Authority limits our practice to only 16 industries. Bound by the complications that arise from employing a low wage high turnover workforce, companies have seen continual erosion of profit margins for decades. CBA is re-engineering business critical process allowing these companies to outperform profitability models that have existed for years.

Bringing Dignity Back to Healthcare

Traditional insurance companies do not offer health insurance plans that work for the hourly employee. In the post-ACA world, the dichotomy of employer-sponsored medical plans is they can often leave employees in financial ruin. Economic constraints force the employer to offer the lowest priced medical plan available to their hourly employees. These plans have the highest deductibles and out of pocket limits that are allowed by law. This results in the possibility of an employee having to spend up to 75% of their take home pay on medical expenses before their insurance policy pays anything.

This threatens the very dignity of 42,000,000 American workers as they are forced to choose between basic medical care or the catastrophic protection offered by their employer’s medical insurance.

Timely Access to Earned Wages

Reducing turnover, increasing productivity, and lowering healthcare costs are priorities for all businesses.

Studies have shown that personal financial stress of employees is tied to job performance, health, absenteeism, and turnover. Research shows that employer-sponsored fintech based benefits (PayActiv) can provide more efficient, less costly, and more inclusive liquidity for working American families and significantly reduce employee turnover and save millions of expense dollars annually for employers.

Human Resources. Risk Management. Assured Compliance.

From the Affordable Care Act to OSHA compliance and everything in between, Corporate Benefits Authority’s clients have access to the world’s largest interactive library of regulatory compliance, risk management, and benefits administration. Whether you need to comply with state sexual harassment training laws, workers compensation statues or develop a nationwide employee handbook, you will find the answers in the MyWave Connect portal. All of our clients enjoy unlimited access to this world class business management tool.

“Next to being shot at and missed, nothing is really quite as satisfying as an income tax refund”

Work Opportunity Tax Credit

The IRS says that “The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain targeted groups who have consistently faced significant barriers to employment.”

We say earning a WOTC is like finding a $20 bill in that pair of old jeans that haven’t been worn in a year. While the IRS won’t wash your clothes, they do have an endless supply of $20 bills to fill your pockets.